1-bed · 971 sqftAl Majara Tower 2, Dubai Marina · 16th floor · completed 2006

1601, Al Majara Tower 2

Sold prices and rental history: sold twice, last in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 1 June 2015
Last soldAED 1.9M1 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Al Majara Tower 2

What is 1601 worth today?

Last sold for AED 1,900,000 in 2015

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1 Jun 2015SoldReady
AED 1,900,000AED 1,956 per sqft
21 Jun 2010Sold by developerReady
AED 381,900AED 393 per sqft

Source: Dubai Land Department. Updated 1 June 2015.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
16th of 31
Parking
481
Developer
Emaar
Completed
2006
Service charge
AED 14,700 /yr
Last sold
AED 1.9M · June 2015

About 1601, Al Majara Tower 2

1601 is a one-bedroom apartment of 971 sqft on the 16th floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 1 June 2015 for AED 1,900,000, or AED 1,956 per sqft, in line with the AED 1,904 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Al Majara Tower 2
1M2M20072012201720222027Typical sale price by year: 2007 AED 402,950; 2008 AED 880,000; 2009 AED 799,800; 2010 AED 640,000; 2011 AED 732,400; 2012 AED 1,000,000; 2013 AED 990,000; 2014 AED 1,650,000; 2015 AED 1,600,000; 2016 AED 1,450,000; 2017 AED 1,495,000; 2018 AED 1,215,328; 2019 AED 1,085,000; 2020 AED 1,000,000; 2021 AED 1,100,000; 2022 AED 1,450,000; 2023 AED 1,500,000; 2024 AED 1,825,000; 2025 AED 1,825,000; 2026 AED 1,675,000Sold by developer, June 2010: AED 381,900 (AED 393 per sqft)Sold, June 2015: AED 1,900,000 (AED 1,956 per sqft)

1601 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in Al Majara Tower 2
75K100K125K20112015201920232027Typical rent by year: 2011 AED 65,000; 2012 AED 75,000; 2013 AED 95,000; 2014 AED 113,000; 2015 AED 120,000; 2016 AED 119,678; 2017 AED 105,000; 2018 AED 92,000; 2019 AED 80,002; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 81,950; 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 105,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Majara Tower 2, and where 1601 sits

All 149 1-beds →

1601 last sold in June 2015 at AED 1,956 per sqft, in line with what one-beds in Al Majara Tower 2 were fetching at the time (AED 1,904). Over the last 12 months one-beds sold for AED 1,400,000 to 2,125,000, around AED 1,990 per sqft, and rent for AED 65,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,425,000
11 Sep 20262,110,000
21 Jul 20261,700,000
21 May 20261,400,000
8 1-bed sales in the last 12 months

Al Majara Tower 2

Building

246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 15 sold in the last 12 months.

Typical price per sqft
AED 2,166 Up 5.0%
Typical sale
AED 2.13M
Typical rent
AED 120K /yr
Typical yield
5.3%
Al Majara Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 246 units in Al Majara Tower 2
Value
16022-bedAED 680K · Jun 2010
16031-bedAED 1.7M · Jul 2016
16042-bedAED 2.5M · Jun 2022
16051-bedAED 684K · Jul 2016
16061-bedAED 2M · Aug 2024
16071-bedAED 1.19M · Feb 2023
16082-bedAED 3.05M · Sep 2025

1601, Al Majara Tower 2 in numbers

  • Sold twice: first on 21 June 2010 for AED 381,900, last on 1 June 2015 for AED 1,900,000 (AED 1,956 per sqft).
  • One-beds in Al Majara Tower 2 sold for AED 1,400,000–2,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,166 per sqft.

Source: Dubai Land Department. Updated 1 June 2015.

Questions about 1601, Al Majara Tower 2

What did unit 1601 last sell for?

AED 1,900,000 on 1 June 2015: AED 1,956 per sqft for 971 sqft. The unit has 2 registered sales; the first was AED 381,900 in June 2010.

How big is unit 1601?

971 sqft (90.2 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2006.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 2 sold for AED 1,400,000 to 2,125,000 in the last 12 months, around AED 1,990 per sqft.

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Mortgage on 1601, Al Majara Tower 2

Starts from the last sale price (AED 1.9M, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →